Illinois got rid of storefront payday loans. But savvy marketing campaigns have tricked consumers into turning back to paying to get paid.
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NerdWallet) – If asked to picture a payday ...
Apps like DailyPay and MoneyLion have already trapped workers in cycles of debt with fees averaging over 800% APR In an announcement this week, nearly 200 labor, consumer, and civil rights ...
NEW YORK — When Anna Branch, 37, had her hours at work reduced at the start of the pandemic in 2020, she suddenly noticed ads for an app called EarnIn. “You know how they get you — the algorithms — ...
In May, a video featuring a young woman named Brooklyn in heart-shaped glasses implored viewers to tell the California Department of Financial Protection and Innovation how important a company named ...
Cash advance apps work like payday loans Like most payday loans, a cash or paycheck advance app lets you borrow money with no credit check. You’re also required to repay the advance, plus any fees you ...
If asked to picture a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday’s payday.” You probably don’t picture a mobile app that ...
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